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Editor’s note: This is a guest article from our partner Bain & Company , a top globalmanagementconsultancy based in Boston. The company advises business leaders on strategy, marketing, organization, operations, IT, and M&A across industries, including financial services.
This task often involves a comparison of the TCE for offshore and nearshore service providers, which must account for other factors besides the hourly cost of each worker. The manager is surprised to discover that the TCE for Mexico is less than that of India. Latin Trade reports that Mexico led Latin America in outsourcing in 2011.
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